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1330 THE Ii'E AD.BB. [^0^54 , December ....
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HOME. COLONIAL, & FOREIGN PBODITCE MARKE...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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General Trade Report. London, Friday Eve...
The Coai Trade . —The strikes have not quite sabsided but the miners are here and there resuming work , and it is hoped that the differences -will soon be at an end . The supply of coals continues good . The fourth and last sales of colonial wool for the year commenced on the 4 th of November , and terminated on Wednesday . The quantities comprised in the various catalogues -were 53 , 815 bales . Of the above , about 46 , 000 bales were fresh arrivals since the commencement of the last series , the remainder being from second hands , and wools held over from previous sales by importers . The sales opened vrith great spirit , which was maintained to the close . A general advance on all descriptions of colonial wool has been firmly established ,
and may be quoted on an average from 2 d . to 2 £ d . on Port Phillip , "Van Diemen ' s Land , and New Zealand—Adelaide selling-in about the same proportion , and varying from Id . to l £ d . to 2 £ d . on Sydney—the lesser advance being on the finest clothing qualities . The demand from our home manufacturing districts has been very animated , and being especially so from Bradford operated most favourably on all combing descriptions . The I " rench spinners were likewise eager and large buyers of all the superior long , sound staple-flocks , and their combined competition steadily upheld the advanced prices fully to the close . The sales may be reported as having goneoff very regularly , but at times heavy-conditioned
faulty clothing descriptions barely maintained their highest point . Cape wool , as is usual in the November sales , formed the largest item ; more so than any previous year . Nothing can prove more forcibly the improved position of the woollen trade of this country than that so large a quantity , unaided by any demand from Germany , and less demand from either Belgium or the Bhine , has been cleared , realising 1 Jd . to 2 d . advance on the inferior handwashed , and on the very large quantity of short-stapled half-grown fleece wool . The quantity of superior scoured and sound-stapled well-bred flocks was comparatively small . The like descriptions sold at an advance of 2 d . to 3 d . per lb . Lamb wool
was in great demand , at the extreme advance , as were likewise good quality skins . The selection of them was , however , exceedingly limited .
1330 The Ii'e Ad.Bb. [^0^54 , December ....
1330 THE Ii'E AD . BB . [^ 0 ^ 54 , December . 4 i , 1858 . '
Home. Colonial, & Foreign Pboditce Marke...
HOME . COLONIAL , & FOREIGN PBODITCE MARKETS . EEVIEW OF THE WEEK . Mincing Lane , Friday Evening . Eathek considerable arrivals have taken place this week , and although sufficient time has not yet elapsed to hring them on the markets generally , they have not been without some effect , as they have induced holders to offer existing stocks more liberally . We have , therefore , to report some extension of business in several departments , and it may be taken as fair evidence of the steady growth of actual demand , as also of the confidence generally felt in current values , that a small concession in prices has sufficed , in nearly every instance , to tring buyers freely into the markets . Anything like permanent activity is not , however , to be expected at this season of the year , which is usually dull , even in the most flourishing times .
Provisions . — Newgate and Leadenhall are still glutted with meat , and prices , except for pork , are not much improved ; but to-day trade is rather better . Beef , 2 s . to 3 a . lOd . ; mutton , 2 s . 4 d . to 3 s . lOd . ; veal , 3 a . 4 d . to 4 s . 4 d . j pork , 3 s . 4 d . to 4 a . 8 d . per 8 lb . by the carcase . Corn . —Trade at Mark-lane has in a great measure been influenced by the weather . The fresh supplies of English wheat , although moderate , havo , in consequence of the damp and inferior condition of the samples ,, been difficult to place , and except for a few prime dry lots , prices declined Is . to 2 s . per qr . Choice Essex white brought 48 s . to 49 s . ; fair runs , 45 s , to 46 s , ; , prime red . 43 s . to 44 s . ; runs , 41 s . to 42 s . ; inferior , 39 s . to
40 s . Foreign , samples were not bo much pressed , but the demand , was quite of a retail character . Fine Dantzic quoted 54 s , to 65 s . ; mixed , 50 s . to 52 s . ; inferior imports , 4 Cs . to 47 s . ; red , 48 s . to 45 s . ; French red , 42 s . to 44 s . ; St . Petersburg , 42 s , ; and Archangel , 85 s , to 36 s . The flour trade U exceedingly dull , and although purchases may bo made upon easier terms , they are not extended beyond the supplying of immediate wants . Town households offer at 84 ? . ; country households at 82 s . to 88 s . ; and , Eorfolks at 28 s . to 28 s . Od . The top price of town-made remains nominally at 40 a . There have been increased supplies of French on offer , and
oats have again been large , and prices have declined p . per cwt . in consequence . LONDON AVERAGES . Qrs . s . d . "Wheat ... 4083 at 44 3 Barley .... 1742 „ 36 10 Malt — > i — ' ¦ Oats 892 „ 25 4 Beans ...., 138 „ 40 5 Peas , H 7 „ 42 3 CORN ARRIVALS . English . Irish . Foreign . Wheat .... qrs . 7067 — 6557 Barley ... „ 4343 V- 8008 Malt ,, 13 , 639 - s — Beans ... ,, 1097 — 3380 Peas „ 416 — 102 Oats „ 9822 — 41 , 62 . 8 Flour , ...... sks . — — 2683 I > itto brls . — — — In floating cargoes a considerable business has been done , including nine cargoes of wheat . Berdeanski at ! 44 s . ; Marianpple , 43 s . 9 d . ; Odessa and Taganrog Ghirka , 40 s . 6 d . to 40 s . 10 £ d . ; Ibrail , 32 s . ; and Egyptian , 29 s . Maize has also sold largely : Galatz at 27 s . 6 d . to 28 s . 3 d . A cargo of Odessa oats made 17 s . 6 d ., and Taganrog 18 s . 6 d . cost , freight , and insurance . Seeds . —Owing to ehange of wind arrivals of linseed into our port and off the coast have been numerous ; 35 , 650 qrs . are reported at our Custom House , of which 31 , 650 qrs . are from East Indies , 3000 qrs . Black Sea , and 1000 qrs . from Sicily . On the spot Bombay sells at 55 s . and Calcutta at 52 s . to 52 s . Gd . or 51 a . 6 d . cost , freight , and insurance , including bags , by ships arrived in port . Cargoes off the coast have been sold at 51 s , to 52 s . for Azoff delivered IT . K ., and several now floating at 52 s . 6 d . by fine samples . Our gross importation up to this time is 271 , 700 qrs . against 180 , 000 qrs . the corresponding period last year . Prices of rape and oil seeds , owing to export demand , are slightly in sellers ' favour . Fine sound Calcutta Rape may be quoted 53 s . to 54 s . per quarter ; fine Bombay Guzerat Rape 63 s . to 63 s . 6 d . ; Ferozepore and Seinde 44 s . to 56 s . a 3 to quality ; Teel or Sessame 50 s . to 53 s . ; black , ind brown 54 s . to 59 s . white ; Poppy 51 s . to 52 s . ; and Niger 38 s ., at which several sales have been made , but holders are now demanding more . Linseed Cakes . —Owing to the mild weather during the past week the trade has been very quiet ; best in barrels is to be had at 10 / . 5 s . ex-ship , and bags at 10 / . ; Oblong Western 8 / . 15 s . ; Niger Cakes 51 . 5 s . ; Undecorticated Cotton Seed Cakes 51 . 7 s . 6 d . In Ground Nut Kernel Cakes a cargo lias been sold at 6 / . 15 s . delivered ; good Rape Cake , from East India Seed 5 / . 15 s . Potatoes in good supply , and selling steadily at 80 s . to 95 s . per ton for Regents , and 45 s . to 60 s . per ton for French . Live Stock . —Beast and sheep have been difficult of sale , and prices have for the former declined 2 d . to 4 d . per stone , the greater reduction being on inferior breeds . The price of veal gave way on Monday , but recovered partially on Thursday ' s market . The following were the numbers on offer and rates current : — Monday . Beast . Sheep . Calvea . Pigs-4 , 626 18 , 950 00 450 3 a . 10 d . tois lOd . 3 s , 8 < L to 4 s . l 0 d . 3 s . 10 d . to 4 s . 6 d . 3 s . Qd . to 3 s . ml . Thursday . 1 , 030 2 , 720 140 150 Ss . Cd . to 4 s . 8 d . Ss . 8 d-to 3 s . 10 d . 3 s . 10 d . to 4 s . Sd . 3 s . 0 d . to 3 s . 8 d , 3 uoak . —Havannah and Cuba sugars have been moro freely offered , and on rather easier terms have found a ready sale . West India descriptions are held at lute rates , which buyers are unwilling to pay in the face of increasing arrivals . The demand for East India sugars is-eonfined chiefly to qualities suitable for export . Altogether , the market is heavy but free from absolute depression . The deliveries continue very satisfactory , aud the present stock shows a deficiency of 600 tons as compared with last year ' s . It appears from the Mauritiu < accounts to hand this week , that the supplies thence will be upon an enlarged scale , shipments being chiefly to this port . The principal business of the week comprises 8000 bxa . Havannali floretta at 48 s . to 50 s . ; low to good yellow , 42 s . to 45 s . Cd . ; brown and grey , 88 s . to 41 a . ; 1000 lids , Cuba , brown , 88 s . to 30 e . ; yellow , 39 s . to 41 s . ; 500 cks . Porto Rico , low to good yellow , 41 s . Cd . to 46 a . Gd . ; 1000 bgs . Bengal Gurpattah date , 41 a . to 45 s . ; Kham , 84 s . 6 d . to 85 a . ; 3700 bgs . Mauritius in public Bale were chiefly bought in at 85 s . to 89 a . for low to good browns , and 40 s . to 44 s . Cd for yellow . Rofinod sugars are in limited demand , hut quotations unaltered . Coffee , —Floating eargoos of Rio continue in request , and throe have been disposed of q \ x full terms , including in all some 10 , 500 bgs .: old crop at 41 s . ; and now crop , 42 s . to ; 48 s . 7 £ d . floating conditions . But a very arnull portion of the fresh , suppllos of Coy Ion is available as yet , and business is restricted in consequence . Small parcels of Mocha liayo sold at very full prices . Cocoa . — -A moderate bnslnous 1 * doing < U 6 Ms . to 08 s . for low to flno red Trinidad ; and 5 Gs . for Guayaquil . Tjja . —The advloea from China give the shipments at 6 , 700 , 000 lbs . against 17 , 200 , 000 lbs . last season , ana
the exports were expected to show a still greater falling off by the departure of the next mail . ' The eSsSf our market is a rise of id . per lb . on blackish leaf tin !* . which have been in considerable demand and an A vance of £ d . on common Congous , which have sold ?" some extent at prices graduating up to lid per lh Most of the new season Cohgoua by the Chrysolite hat « been disposed of . . ¦ •* !" Rice . —A steady demand prevails both for consnmn tion and export at previous rates . A floating canro Te 10 , 000 bgs . Necrangie sold for a near continental nor ? at 7 s . 9 d ., and a landed cargo of 10 , 000 Moulmein •* 7 s . 3 d . ; besides about 8000 bgs . Bengal at 8 s . to lls 9 d for low fine .
Sai / tpktrk . —With heavy arrivals off the coast and advices of somewhat large shipments at Calcutta the markot is rather dull , and landed parcels are difficult quit at late rates , but for arrival a moderate demand exists at 42 s . to 42 s . 6 d ., according to period of shinment . Metals . —The market in general is inactive , but quotations steady . The deliveries of tin in Holland are satisfactory , and the value of TJanca in London firm at 124 / . Scotch pig iron has touched 54 s . Gd ., hut to-day receded Is . The export for the week shows some improvement . Copper is firm at the recent advances . Spelter has sold to some extent at 21 / . 5 s . for spring shipments . In other metals not much passing , and quotations unaltered . Silk . —The China news does not appear to have affected current quotations ^
" \ V " ooi ~^ -The colonial sales terminated on WcJnosiIav the home demand having been well-sustained throughout , establishing an advance of 2 il . to 3 d . on the previous series . The total sold was . i ;> . Sl . > bales . An unusually small proportion was taken for export . Drugs . — -The market generally quiet . 3700 chests camphor have arrived . Dyes . —Prices are again 10 s . to 2 . 0 s .. higher , and but little now remains iii first hands . Cotton . — -The American advices give increased receipts at the ports and large shipments . Buyers have in consequence been withheld from the markets in anticipation of easier priavs . At Liverpool tho sales are , 38 , 170 hales at 1-10 d .. to i reduction on American . In London th <>\ - amount to . onlv-fcOU bales . Surat at 4 UL
Cd . 1-lGd . to Gd .-KJd . for ord . to good , being about tho late value . IIemf . of nil kinds is dull of sale . The stock of Manilla is large , as also is the quantity on the way , but the prices are moderate , and the consumption good . Calcutta letters mention heavy shipments of jute , which , with increased arrivals here , have induced holders to si'll , but the same letters place tho deficiency of the coming crops beyond a doubt , and this has induced the tnuleto buy . About 20 , 000 bales have changed hand * , at 16 ? . 10 a . ox-ship to-arrive , and l . U to I'Jl . 7 s . 6 < 1 . on the spot , being about late rates on the average . Coir goods have realised 2 () s . to 30 s . per ton advance .
Oils . —Linseed oil has boon very stationary during the week at 20 / . 10 s . per ton ; it closes with sellers thereat on the spot , anil at 30 / . for monthly deliveries Janunrv to March , or June . IJnpe and seed oils tm-l ready buyers at improving prices ; foreign refined rape 13 worth 4 fi / . 10 s . to 47 / . per ton . and brown J 2 / . 10 s . to 13 / . ; English brown , 41 / . 10 s . ; Bombay ground nut and Gingelly , 31 / . per ton , at which a large business has been done ; Madras , 38 / ., but now tw sellers uirttr 39 / . The recent advance in olive oils has been miy established , at which considerable quantities nave S
changed hands during the last few dnyrf ; on ^ P ° ; Gallipoli may bo quoted 50 / . 10 s . to fill . ? for . ° T Gioja 40 / . 10 s . has been paid ; Tnrento , 4 W . ; J » UV > - dorc , 40 / . 10 a . to 4 7 / . ; a cargo Gallipoli just shi | -pJ has been sold at 41 )/ . 10 s ., cost freight and insurance » United Kingdom , and another on tho cyast is oflcring on snmo terms . For cocoa nut oil thero is ft « t , ° ' - / " mand at lotc quotation }! , say ««/ . per ton for Coylo w to 41 / . for lino Cochin . Fino dcscriiitions of pahno'ine still scarce , and Lagos worth -11 / . to 41 / . 10 s . pcr ton . There ia con ^ iilcrablo Inquiry Tor sperm , and AineiK »» now worth 807 . per tun ; Ucadmattor , f ) 2 / . Co mmonfl * oils are next to unsaleable ; palo seal , J / ' -i !•
southern , 84 / . to 34 / . l () fl . i cod , 31 / . Tallow . —Wo have had n littlo more dom « nrt sin tho last acoonnt , and tho urgency for despatch nan . very clearly tho wai » t of goods throughout the coui » ^ and how much tho conflumerfl depoud at prosont . 11 tho foreign supply for tliuir daily use . I li « llll » J th 0 from Ku 8 » ia i » now fast drawing to a clow , u ¦ wrecks or caaualtiea nt present amount to ruoui . caaka . Tho market 1 ms boon very tjulot »"'' >™ i during tho past fow day « , with mi inclination io " lUtlc . There is nut much ready tallow of lliw < l "" ^ tho inarkut at tho moment , tho voaacld axpycio ^ St . Potoraburg being kopt out by contrary »»! " 3 l , day wo leave off flat , fiOd . Ud . to Add . lJ ( l- ' s J " t '"VflOj . all tho mouth } 00 d . ( Id . npring , 01 » . »«• f" L ' ,, tofl October and Doccimbor . T »» o P sftloH yoatcrdaj « without ooronotltioH ; lwlf l » u qunuiiiyp"t up , ••• ' . having boon tnkou In . Town tallow , S 3 * oa .,
fat , iia . Odcl . i molted BtuflT , « 7 tf . OU . , cX . WiiAWtiriNa . — Prices hnvo advanced ow » B ^ port demands 000 / . nor toa has boon roluaow » v
prices have ruled in the favour of buyers j prime , 85 s . to 80 s . ; fair , 8 «» . to 84 s . Prime Ameriqan l > randa are still scarce * and command 25 s . to 26 s . per barrel . Tho arrivals by Eastern . Counties Eailway havo been 17 , 813 Backs against a delivery of 11 , 620 sacks . The demand for barley Is still confined to tho beat malting and grinding Qualities , medium and inferior grades continuing to hang on hand . Malt pells slowly , but without quotable change in price . Beans are rather cheaper , the demand having f * ljen off wlOIst sevoral foreign urrlvals have token placo . Tho mild weatlior has checked tho sale of peas , And quotations , are hardly so firm . The arrivals of
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Citation
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Leader (1850-1860), Dec. 4, 1858, page 26, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_04121858/page/26/
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